Money Management Executive Latest News

Direxion’s Rob Nestor and David Mazza discuss hiring and compensation strategies, ETF space developments and the rise of robos.

The bank has considered buying DWS to combine it with its own unit and spin the two off as a separate entity, sources said.

Issuers are creating multi-factor funds that offer exposure to several return-enhancing characteristics.

Part of the risk in any pivot to private equity is whether it would be essentially pawning what has been until recently a diamond of a business model.

Name changes are coming to 94 of the firm’s long-term mutual funds.

The firm plans a 0.2% to 0.5% allocation to the products in its global and international fixed-income index portfolios.

Data reported by the Investment Company Institute.

Direxion’s Rob Nestor and David Mazza weigh in on hiring and compensation strategies, ETF space developments and the rise of robos.

Asset managers have felt the pressure as volatility roils global markets and investors continue to demand low-fee funds that require far fewer workers.

“Just like equities, last year was a volatile year and the fourth quarter of 2018 did a number on the returns of risk assets,” an expert says.